Lower Your 2001 Ford Taurus Insurance Quotes

Trying to find cheaper auto insurance rates for your Ford Taurus? No car owner looks forward to paying for auto insurance, in particular when the cost is way too high.

Due to the increasing number of insurance companies to choose from, it is very difficult to choose the cheapest auto insurance company.

Buying car insurance is not rocket science. If you are paying for car insurance now, you should be able to reduce your rates substantially using this strategy. Nevertheless, car owners can benefit from knowing how insurance companies sell online and take advantage of how the system works.

The best way we recommend to compare insurance rates in your area takes advantage of the fact all the major auto insurance companies participate in online systems to give free rates quotes. The only thing you need to do is provide information like driver details, if you are currently licensed, coverage limits, and if you went to college. Your information is then sent to multiple companies and they return rate quotes very quickly.

To compare rates for your car now, click here then complete the form.

Cheaper auto insurance quotes with discounts

Insuring your fleet can be pricey, but there may be some discounts that many consumers don’t even know exist. Most are applied when you quote, but some discounts are required to be asked about prior to getting the savings. If you do not check that you are getting every discount possible, you are paying more than you should be.

  • Anti-theft System – Cars equipped with anti-theft or alarm systems have a lower chance of being stolen and qualify for as much as a 10% discount.
  • Senior Citizen Discount – If you’re over the age of 55, you may qualify for a small decrease in premiums for Taurus insurance.
  • Clubs and Organizations – Participating in qualifying employment or professional organizations could earn you a nice discount on auto insurance.
  • College Student Discount – who are enrolled in higher education away from home and won’t have access to an insured vehicle could qualify for this discount.
  • Discount for Life Insurance – Auto insurance companies who offer life insurance give lower auto insurancerates if you buy auto and life insurance together.

As a sidenote, most discounts do not apply to the overall cost of the policy. Most only reduce individual premiums such as collision or personal injury protection. So even though they make it sound like it’s possible to get free car insurance, you won’t be that lucky.

A list of companies and a partial list of their discounts include:

  • Mercury Insurance discounts include age of vehicle, professional/association, anti-theft, multi-car, type of vehicle, and good student.
  • Farmers Insurance may include discounts for good student, mature driver, early shopping, bundle discounts, homeowner, and business and professional.
  • Farm Bureau offers discounts including good student, youthful driver, safe driver, 55 and retired, and multi-vehicle.
  • State Farm has savings for Drive Safe & Save, driver’s education, good student, multiple policy, and good driver.
  • Allstate includes discounts for FullPay discount, new car, resident student, passive restraint, safe driver, auto/life discount, and premier plus.
  • Geico may offer discounts for military active duty, emergency military deployment, driver training, federal employee, multi-vehicle, and good student.

Before purchasing a policy, check with all companies you are considering which discounts you may be entitled to. Some discounts may not apply to policies everywhere.

How you can control Ford Taurus insurance prices

Smart consumers have a good feel for the different types of things that help determine your premiums. If you understand what influences your rates, this enables informed choices that will entitle you to lower rates. Lots of things are part of the calculation when you get your auto insurance bill. Some are pretty understandable such as your driving record, but others are more obscure such as whether you are married or your commute time.

  • Tickets cost more than a fine – Having just one ticket can increase the cost of insurance forty percent or more. Careful drivers get better prices than their less careful counterparts. Drivers unfortunate enough to have license-revoking citations like reckless driving, hit and run or driving under the influence are required to complete a SR-22 with their state’s department of motor vehicles in order to legally drive a vehicle.
  • When should you file a car insurance claims? – If you frequently file small claims, you can definitely plan on higher rates. Insurance companies generally give the lowest premiums to policyholders that do not abuse their auto insurance. Your insurance policy is designed for major claims that would cause financial hardship.
  • Your gender affects prices – Statistics show that females tend to be a little less risky than males. It does not mean females are better drivers. Males and females are in accidents at a similar rate, but the men have costlier accidents. Not only that, but men also get ticketed for serious violations such as DWI and reckless driving.
  • More than one policy can earn a discount – Most major insurance companies apply better rates to customers who buy several policies from them in the form of a multi-policy discount. The amount of the discounts can be anywhere from five to ten percent in most cases. Even with this discount applied, it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible.
  • Rates are affected by your address – Having an address in less populated areas has definite advantages when talking about car insurance. Fewer drivers on the road means reduced accidents and a lower car theft rate. Drivers in populated areas have to deal with traffic congestion and a longer drive to work. Higher commute times means more chance of being in an accident.
  • Getting married pays dividends – Your spouse actually saves money compared to being single. Having a significant other usually means you are more mature and insurance companies like that married drivers tend to have fewer serious accidents.
  • Vehicle theft costs us all – Purchasing a vehicle with an alarm system can save you some money. Systems that thwart theives such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop car theft and help bring rates down.

Tailor your insurance coverage to you

When it comes to buying the best insurance coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different so your insurance needs to address that. For instance, these questions could help you determine if you could use an agent’s help.

  • Is my 2001 Ford Taurus covered for flood damage?
  • Can I drive in Mexico and have coverage?
  • Does my insurance cover a custom paint job?
  • Do I have coverage for damage caused while driving under the influence?
  • How can I get my company to pay me more for my totalled car?
  • Do I have coverage if my license is suspended?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Am I covered if I wreck a rental car?
  • When should I drop full coverage on my 2001 Ford Taurus?
  • Can I get a multi-policy discount?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Parts of your insurance policy

Learning about specific coverages of insurance aids in choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find the usual coverages available from insurance companies.

Collision coverage – This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like rolling your car, driving through your garage door, crashing into a building, sustaining damage from a pot hole and damaging your car on a curb. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Medical expense insurance – Coverage for medical payments and/or PIP pay for short-term medical expenses such as prosthetic devices, rehabilitation expenses and pain medications. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers – Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Ford Taurus.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Coverage for liability – Liability coverage protects you from damage that occurs to people or other property. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for claims such as repair costs for stationary objects, pain and suffering, court costs and structural damage. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive (Other than Collision) – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as fire damage, a tree branch falling on your vehicle and theft. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

The bottom line

Budget-conscious 2001 Ford Taurus insurance is attainable both online as well as from insurance agents, and you should be comparing both to have the best chance of lowering rates. Some insurance companies do not offer online quoting and many times these regional carriers provide coverage only through independent agencies.

Throughout this article, we presented some good ideas how you can shop for 2001 Ford Taurus insurance online. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even discover the best prices are with the smaller companies. Smaller companies may often insure only within specific states and give getter rates compared to the large companies like Allstate and Progressive.

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